This class was created by Brainscape user tiera swanson. Visit their profile to learn more about the creator.

Decks in this class (18)

Definitions
What is a fixed loan,
What is an arm,
What is interest only or straight...
40  cards
FHA Loans
Does fha purchase loans,
What is the minimum down payment ...,
Does fha require mortgage insuran...
11  cards
VA Loans
Do va loans allow for 100 financing,
Do va loans have a maximum loan a...,
Does va use fannie mae conforming...
14  cards
USDA Loans
The usda loan guarantee is what p...,
Rhs is a part of the usda what do...,
What does rhs address
10  cards
Equal Credit Opportunity Act (ECOA)
Equal credit opportunity act ecoa...,
Which protected classes are exclu...,
Which protected classes are prote...
18  cards
NMLS Steps
On which documents will the mlos ...,
On which documents will the mlos ...,
The 20 hour prelicensing requires...
12  cards
SAFE Act & UST
What does the safe act stand for,
The safe act is title ___ of what...,
What law created and came before ...
12  cards
Fair Housing Act (FH Act)
For fh act violations how long do...,
Inducing owners to sell by sugges...,
What is channeling real estate bu...
6  cards
TRID
Most lenders look to the trid ver...,
Under ecoa when examining any dis...,
How does ecoa define marital status
3  cards
Home Mortgage Disclosure Act
What is the purpose of hmda,
What does hmda stand for,
Which regulation is hmda
8  cards
TILA
What law deals with credit advert...,
What law requires lenders to disc...,
What law established the 3 day ri...
35  cards
NonTraditional Mortgage Loan Products
Safe act defines a non traditiona...,
Conforming conventional mortgage ...,
Conforming conventional mortgages...
17  cards
HPA
What is the purpose of the homeow...,
Is pmi conventional or governmental,
When is pmi required
6  cards
FCRA - Regulation V
What is the purpose of fcra,
What does fact act or facta stand...,
Fact act or facta is all about
16  cards
Gramm Leach Bliley Act
Safeguarding,
Pretexting,
Financial privacy
9  cards
Mortgage Assistance Relief Services Rule (MARS) & BSA
What is the purpose of the mortga...,
What does mars ban,
What does mars stand for
7  cards
Mortgage Loan Origination
What are the qualifying ratios fo...,
How is the housing expense ratio ...,
Cltv
18  cards
MIXED DECK
Are utilities and cell phone cons...,
What is trid,
Are alimony child support separat...
103  cards

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State License

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